PriceWatch Alerts

Free Stock Alerts
Every trading day, InvestorsObserver analysts prove our members with trade ideas, research, and analysis.
Check your email and confirm your membership to get information just like these alerts and all 100% Free!

GM (NYSE: GM) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $27.00 call while simultaneously buying GM stock for $27.11 will result in a new position with a break-even point around $25.27. At that price, this position has a target return of 6.8 %. This trade has 6.8 % downside protection, while still providing a 6.8 % return in 117 days as long as GM is above $27.00 on 6/22/2013. For comparison purposes only, this GM covered call targets an annualized return rate of 21.3 %.

Best Buy (NYSE: BBY) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $17.02 while selling the June $17.00 call will produce a new covered call with a break-even point around $15.28. At that price, this position has a target return of 11.3 %. This trade will have roughly 10.2 % downside protection, while still aiming for a 11.3 % return in 117 days. It will lock in that return as long as Best Buy is above $17.00 on 6/22/2013. For comparison purposes only, this BBY covered call aims for an annualized return rate of 35.1 %.

AutoZone (NYSE: AZO) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $385.20 while simultaneously selling the June $380.00 call will result in a new position with a target return of 4.2 %. Based on recent prices, this position will cost about $364.80, which is also the trade’s breakeven point. At that level, this covered call has 5.3 % downside protection, while still providing a 4.2 % return in 117 days as long as AZO is above $380.00 on 6/22/2013. For comparison purposes only, this AutoZone covered call aims for an annualized return rate of 13.0 %.

Crocs (NASDAQ: CROX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $15.00 call while at the same time buying CROX stock for $15.43 will produce a new covered call with a target return of 7.7 %. Based on recent data, this trade will cost about $13.93, which is also the covered call’s breakeven point. At that price, this covered call has 9.7 % downside protection, while seeking an assigned return of 7.7 % return in 117 days. If CROX is higher than $15.00 on 6/22/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 24.0 %.

ImmunoGen (NASDAQ: IMGN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $14.00 call while simultaneously buying IMGN stock for $14.57 will result in a new position with a break-even point around $12.92. At that price, this position has a target return of 8.4 %. This trade has 11.3 % downside protection, while still providing a 8.4 % return in 145 days as long as IMGN is above $14.00 on 7/20/2013. For comparison purposes only, this ImmunoGen covered call targets an annualized return rate of 21.0 %.

Check your email for a password to log into our site and read all our Essentials analysis.

Don't miss out on any vital trading information! Add Support@InvestorsObserver.com to your address book. View complete step-by-step instructions here.